How to Get CFP Certification

CFP is an internationally accepted financial planning qualification. It is provided to those who qualify a CFP exam that is conducted by the Financial Planning Standards Board of India (FPSB). Qualified youth of the CFP is able to make a bright career because the CFP certificate provides work opportunity with MNCs, banks and other respected institutions. Working in challenging fields is offered to CFP holders such as insurance planning, retirement planning, employee benefits, tax planning, and estate planning.

CFP Certification

Today, CFP has more than 1 lakh qualified members working across the world. It is one of the most respected certifications for finance. If you wish to qualify CFP, here are some guidelines to follow.

A certain set of eligibility is must fulfill. There are two pathways to earn the certification—Regular and Challenge Status.

In Regular, a candidate must be registered under the CFP Regular Pathway and is must be SSC or 10^th pass during the time of enrolment. It is necessary to qualify four examinations that NSE regulates through online:

• Risk Analysis & Insurance Planning
• Retirement Planning & Employee Benefits
• Investment Planning
• Tax & Estate Planning

Self-preparation or preparation through a well-recognized FPSB approved institute can be done. Students who enroll in MBA in Financial Planning, MBA in Financial Analysis or Postgraduate Diploma in Financial Planning can prepare themselves for CFP certification. These programs incorporate the curriculum of CFP.

Pursuing any of these courses provide double benefits. It provides them a certificate for financial planning or financial analysis and at the same time, prepare students for Certified Financial Planner exam. Education experts believe that MBA in Financial Planning or Analysis is the best way to make you well-prepared to qualify CFP tests.

The course patterns of these programs are designed looking at the curriculum of Certified Financial Planner exams. There is no special coaching required if students enroll any of these courses. It is a wise idea to go with these programs. These programs are best known as CFP courses.

Challenge Pathway needs qualification CA/intermediate level, ICWA, LLB, M.Phil and fellowship of life insurance. It depends on youth which pathway they are comfortable with. Minimum 2 months to a maximum 1.5 years can be taken to complete the Certified Financial Planner program.

A CFP exam contains multiple choice questions. The exam has 4 papers which are necessary to qualify. The 5^th paper is allowed to be attempted to those candidates who qualify all 4 papers.

Dedication and well-focused preparation are required to follow every youngster who wants to get the certification. Many Indian students have successfully qualified the program in one attempt. A well-focused preparation is required to follow to get success in Certified Financial Planner exams.

Consult education consultants if you have any doubt related to the program. They may guide you after evaluating your skills and interest. They also help you to understand the pattern of the exam and h how to do the right preparation. Their guidance would be very helpful for you to crack CFP exams.

CFA India: Knowing Facts of Pursuing CFA in India

India signed the WTO agreement in the year of 2005 and since the flow of money in the market has become global. The advent of globalization and liberalization too has added a lot of scope for companies to make lofty profits with their businesses. With this the need of professionals of CFA in India has increased many-fold. Companies are looking for professionals who are well-equipped with the finance related rules and regulations so that companies ensure their profits out of their investment.
In fact CFA also called as chartered of financial analysis is trademark of CFA Institute USA and the degree awarded by this institute is globally recognized and accepted. However, students can also get CFA degree from the governing body of India i.e Institute of Chartered Financial Analysts of India which is commonly called as CFA India by students and knowledge seekers. The degree awarded by Indian governing body is also called as CFA and hence there has been a legal dispute these two countries over the trademark. The US CFA institute sued Indian governing body in the past for infringing their trademark however later on they settled the matter out of court and decided to go ahead with the same trademark.

On the successful completion of the course students get placed in the field of Investment banking, portfolio management or in foreign exchange. The exam is conducted in three different phases which are respectively called as CFA Level I, CFA Level II and CFA Level III and viewing the importance and high recognition of these exams it requires huge investment of time and energy.

 

Post Graduate Diploma in Financial Planning

Money and wealth both have been associated with the core architecture of any person’s social life. This is the reason why it has become imperative to have a goof financial planner at your behest that can guide you through the maze of socio economic paradigm for a better future prospect. As the need for more efficient and idealistic financial planner is increasing it is also opening doors for individuals who want to pursue this as a career. There is no denying the fact that the most important aspect of any business is to run successfully but there can be time where money crunch can slow the growth which calls are financial planning.

It is vital to understand that sometimes it become difficult to have a career growth without proper education related to that sector. With the growing need for financial planning in India, there has been a spurt of courses that offer PGD in finance. These courses are highly versatile and offer a diversified outlook for student who wants to make a career in this industry.

It has been seen time and again that students keep on wondering the best course possible for them to attain viable growth in the career. But the fact of the matter is that financial planning courses bring with it a range of possibilities which account for better management of assets. Students need to associate with curses that fall in accordance to the requisites from organizations that offer ample training. This also brings in the big question of industrial training and future prospects like real life strategy formulation.

Financial planning is a career where a person has to put forth long term as well as short term planning. While taking any decision it is important in include various derivative so that the end result can be achieved. This can only happen if the person gets ample experience. There are some reputed institutes that give professional courses in Finance along with vocational training to enable student achieve optimal efficiency. Some organizations avail the service of financial planning professionals in order to do financial planning for their business and would not like to invoke any form of financial losses. The courses offered by institutes need to be formulated by industry stalwarts which have ample experience in the industry. This is highly beneficial as it offer the students with an in-depth analysis of the Financial Services industry and garners them with the requisites needed to become an optimal financial planner.

The courses also help the students to manage funds and wealth of people ranging in various capacities. This is highly beneficial as it helps them differentiate the different aspects of planning in various sectors. After the completion of the course student can decide on following various sectors like insurance, banking, stock broking, financial planning or even join some financial group for wealth management. The scope for students is highly optimistic in this industry. As the economy is becoming more and more volatile in nature, financial planner hold the key for the better security in the future.

Understanding Various Level Exams of Chartered in Financial Analysis

There is no dispute in the fact that CFA also called Chartered in Financial Analysis is one of the most prestigious and recognized exams available these days in the field of business and commerce. However, students need to also consider that the exam is also very tough and requires them to pass through various levels of exams to get rewarded with the degree. The path is full of ups and downs and hence students need to prepare in many advances to understand the nature of various CFA Level Exams.

With this article, our main aim is to describe all these three exams in brief so that students get to know the exact nature of the exams and start doing preparation. CFA Level 1 is the first of three exams conducted by the CFA coaching in which the strength of students in investment valuation and management is weighed.

The second is the Level 2 where stress is given on portfolio management and wealth planning. The 3rd level exam is the most important and doorway to the degree where stores showcase their understanding of portfolio management. In this exam, students use various tools and techniques that they have learned in their previous year to determine portfolio management.

Want to read more Certified Financial Analyst, Visit http://www.icofp.org.